The increase in the VAT rate from 2019 will bring to the budget more than 2 trillion rubles, which was a record increase in the arrival of funds. This follows from the projections of the Ministry of Finance contained in the draft state budget for the next 3 years, says RBC.
according to forecasts of Agency, in 2020 the budget received 639 billion in 2021 - 689 billion, in 2022 - 737 billion.
thus, the annual growth of additional budget revenues will amount to more than seven percent in 2021 and 2022. It is expected to exceed the inflation rate which are assumed to equal four percent per year.
the Ministry stressed that the VAT Increase has caused the record growth of parish funds this year, but the full effect was visible only from the 2nd quarter.
<span style="color:darkgray
sections: Politics |